17331 Red Oak DrHoustonTX77090
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Houston at 17331 Red Oak Dr, Houston, TX, 77090 uses $46,377 cash to close to unlock $1,403/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $1,112/mo, and a $685/mo payment keeps the spread at $117/mo. Purchase price stands at $139,900, and rental yield measures 9.54% with $1,112/mo rent. Return on cash invested shows 22.93% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 120.27% and total cumulative return in cash records $55,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,112/mo property income covering a $685/mo payment rather than investor’s personal income.
Townhouse
Built in 1978
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77090, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,017 (100%) |
| Owner Occupied HU | 4,192 (23.3%) |
| Renter Occupied HU | 11,791 (65.4%) |
| Vacant Housing Units | 2,034 (11.3%) |
| Median Home Value | $260,624 |
| Average Home Value | $288,247 |
Housing Distribution
Address Breakdown
Residential
17,384
Single Family
5,094
Multi-Family
12,290
Businesses
1,463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices